The Shanghai Composite Index posted the biggest decline in two weeks on concerns over the economic outlook after consumer prices in November fell for the first time in more than a decade. Photo: EPA-EFE
The Shanghai Composite Index posted the biggest decline in two weeks on concerns over the economic outlook after consumer prices in November fell for the first time in more than a decade. Photo: EPA-EFE
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Business /  Markets

Hong Kong stocks snap two-day drop as they track new highs on Wall Street amid stimulus package progress

  • Hang Seng Index closes 0.8 per cent higher at 26,502.84, ending two days of declines
  • Shanghai Composite Index slumps most in two weeks after a decline in consumer inflation prices raises concern about the sustainability of the economic recovery

Zhang Shidong
Zhang Shidong in Shanghai

Updated: 4:51pm, 9 Dec, 2020

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The Shanghai Composite Index posted the biggest decline in two weeks on concerns over the economic outlook after consumer prices in November fell for the first time in more than a decade. Photo: EPA-EFE
The Shanghai Composite Index posted the biggest decline in two weeks on concerns over the economic outlook after consumer prices in November fell for the first time in more than a decade. Photo: EPA-EFE
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